An outstanding opportunity to secure a high-exposure retail investment in the heart of Mascot’s tightly held commercial precinct.
This prominent property offers a total area of approximately 699sqm and comprises two retail shops plus mezzanine, providing immediate income with strong value-add potential.
• Total building area approx. 699sqm / ground floor 372m2 and upper level 276m2 • Two (2) retail shops plus mezzanine / one title • Prime Street frontage with excellent exposure • Flexible configuration suited to investors and owner-occupiers
Tenancy Details: Shop 1 – Leased (Retail + Mezzanine) • Securely leased to a supermarket • Current gross income: $8,225 per month • Further potential to increase income
Shop 2 & 3 – Vacant (Food & Beverage Ready) • Previously fitted for food and beverage use • Estimated potential rent: $65000 - $85000 per annum
Potential Net Return: $134,895 Return on investment: 7.29% p.a net
• Strategic Mascot location close to Sydney Airport, major arterials, and transport
For further information or to arrange an inspection, please contact the exclusive selling agent. DOMAIN NSW REAL ESTATE Alex Tehfe 0410 11 22 22
Selling and buying real estate can be daunting and choosing the right agent can be hard. Call us on 02 9599 7100 for a chat and some helpful advice regarding your property.
Shop 3 / 38 Bay Street RockdaleNSW 2216
